Hillcrest Hospital Henryetta
Henryetta, Okmulgee County, OK
· CCN 370183
Licensed to Ahs Henryetta Hospital Llc
Composite
55.2
rank score
Distress
80
FY2023
Fit
48
vs thesis
Estimated ticket
$5.2M–$21.0M
15 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $17.8M |
| Operating margin | -10.7% |
| Total margin | -6.8% |
| Days cash on hand | 0 |
| Current ratio | 1.57 |
| Occupancy | 27% |
Facility
| Beds | 15 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 15 | $17.8M | $-405K | -11.6% | -2.1% | 0 | 0.19 | 74% | 610 | 82 |
| 2021 | 15 | $16.5M | $-1.8M | -14.1% | -10.8% | 0 | 0.99 | 63% | 665 | 87 |
| 2022 | 15 | $15.8M | $-1.9M | -22.8% | -11.1% | 0 | 2.13 | 28% | 485 | 87 |
| 2023 | 15 | $17.8M | $-1.3M | -10.7% | -6.8% | 0 | 1.57 | 27% | 485 | 80 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ahp Health Partners, Inc | 5% or greater indirect ownership interest | 100 | 2019-01 | |
| Ahs Management Company Inc. | operational/managerial control | 100 | 2019-01 | |
| Ahs Oklahoma, Llc | 5% or greater indirect ownership interest | 100 | 2019-01 | |
| Ardent Health Inc | 5% or greater indirect ownership interest | 100 | 2015-08 | |
| Ardent Legacy Holdings Llc | 5% or greater indirect ownership interest | 100 | 2015-08 | |
| Kevin Gross | w-2 managing employee | 100 | 2021-09 | |
| Ahs Hillcrest Healthcare System Llc | 5% or greater direct ownership interest | 2009-02 | ||
| Alfred Lumsdaine | corporate officer | 2021-09 | ||
| Brian Walton | corporate officer | 2019-01 | ||
| Carolyn Schneider | corporate officer | 2021-08 | ||
| James Grimes | corporate officer | 2021-09 | ||
| Kevin Gross | corporate officer | 2014-03 | ||
| Martin Bonick | corporate officer | 2020-08 | ||
| Mary Crabtree | corporate officer | 2004-08 | ||
| Stephen Petrovich | corporate officer | 2004-08 | ||
| Terika Mbanu | corporate officer | 2021-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in OK
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2025-12-01 | Comanche County Hospital Authority | Southwestern Medical Center, Llc | Comanche County Memorial Hospital | 183 |
| 2023-11-01 | Integris Health Ponca City Hospital Inc | Kay County Oklahoma Hospital Company, Llc | Ponca City Medical Center | 47 |
| 2023-11-01 | Integris Health Woodward Hospital Inc | Woodward Health System Llc | Alliancehealth Woodward | 40 |
| 2022-07-01 | St Anthony Shawnee Hospital Inc | Seminole Hma Llc | St Anthony Shawnee Hospital | 61 |
| 2021-04-01 | Ssm Health Care Of Oklahoma, Inc. | Midwest Regional Medical Center, Llc | Ssm Health St Anthony Hospital - Mid | 126 |
| 2019-01-01 | Saint Francis Hospital, Inc. | Saint Francis Home Health Inc. | Saint Francis Hospital | 903 |
| 2018-10-01 | Integris Baptist Medical Center Inc | Deaconess Health System Llc | Integris Baptist Medical Center | 615 |
| 2017-05-01 | Ahs Pryor Hospital, Llc | Mayes County Hma, Llc | Hillcrest Hospital Pryor | 21 |
| 2017-04-01 | Saint Francis Hospital Muskogee Inc | Muskogee Regional Medical Center Llc | Saint Francis Hospital Muskogee | 236 |